Call for a fundraising

07 December 2017

2111 Hits

Dear Editor,

Re: Samoa Airways lease cost

Six months planning is not enough for such undertaking considering having an airline. They should have a public offering to raise more money to secure funding for the long run. $50 million to start out with is not bad, however you can always have a second offering if you need more.

You will lose money in the first and the second year, until you establish enough clientele to generate steady income.

I don’t know how they will survive if they don’t have enough cushion to start out with.